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Western Asset Premier Bond Fund (WEA)

Financial Services | Asset Management | Pasadena, United States | NYSE
10.81 USD -0.05 (-0.460%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 10.81

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 19, 2026, 12:30 a.m. EDT

WEA presents a compelling 'triple-play' opportunity for bond-focused investors: a high, reliable 7.73% dividend yield with a strong 1.0 coverage ratio, attractive valuation trading at a 127% discount to book and 2.77% below historical averages, and solid fundamentals with positive earnings growth, making it a solid 4-star long-term hold and neutral 3-star for the upcoming month given its low volatility and modest short-term forecasted gains.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.017838
MSTL0.018118
AutoTheta0.022517
AutoARIMA0.032917

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 42%
H-stat 23.58
Ljung-Box p 0.000
Jarque-Bera p 0.239
Excess Kurtosis -0.78
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-22
Last Dividend Date 2026-03-23
Debt to Equity Ratio 47.86
Revenue per Share 1.163
Market Cap 128,267,144
Trailing P/E 9.24
Beta 0.53
Profit Margins 100.35%
Website https://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=WEA

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.67% 7.98% 8.66% 8.74%
Dividend History
Date Dividend Yield %
2026-03-24 0.070 0.672430
2026-02-20 0.070 0.638852
2026-01-23 0.070 0.637692
2025-12-23 0.070 0.649289
2025-11-20 0.070 0.652835
2025-10-24 0.070 0.646441
2025-09-23 0.070 0.645312
2025-08-22 0.070 0.668289
2025-07-24 0.070 0.686375
2025-06-23 0.070 0.690201
2025-05-22 0.070 0.705222
2025-04-23 0.070 0.690953
2025-03-24 0.070 0.685982
2025-02-21 0.070 0.698597
2025-01-24 0.070 0.692911
2024-12-23 0.070 0.720820
2024-11-21 0.070 0.700006
2024-10-24 0.070 0.707646
2024-09-23 0.070 0.707687
2024-08-23 0.070 0.714076
2024-07-24 0.070 0.738620
2024-06-21 0.070 0.765440
2024-05-22 0.070 0.746972
2024-04-22 0.070 0.763139
2024-03-20 0.070 0.773314
2024-02-21 0.070 0.737249
2024-01-23 0.070 0.745207
2023-12-20 0.070 0.777254
2023-11-21 0.070 0.802490
2023-10-23 0.070 0.864162
2023-09-21 0.066 0.765735
2023-08-23 0.066 0.735355
2023-07-21 0.066 0.744710
2023-06-22 0.066 0.799994
2023-05-22 0.066 0.813896
2023-04-20 0.066 0.796315
2023-03-23 0.066 0.836706
2023-02-17 0.066 0.774489
2023-01-23 0.066 0.764363
2022-12-21 0.066 0.787498
2022-11-21 0.066 0.835027
2022-10-21 0.066 0.882762
2022-09-22 0.066 0.842858
2022-08-23 0.066 0.781848
2022-07-21 0.066 0.816604
2022-06-22 0.066 0.824757
2022-05-20 0.066 0.813896
2022-04-21 0.066 0.774000
2022-03-23 0.066 0.756718
2022-02-17 0.066 0.728319
2022-01-21 0.066 0.688760
2021-12-22 0.066 0.639629
2021-11-19 0.066 0.649903
2021-10-21 0.066 0.647892
2021-09-22 0.066 0.634356
2021-08-23 0.066 0.634208
2021-07-22 0.066 0.629320
2021-06-22 0.066 0.639484
2021-05-20 0.066 0.653524
2021-04-22 0.066 0.675273
2021-03-23 0.066 0.681385
2021-02-18 0.066 0.665505
2021-01-21 0.066 0.680950
2020-12-22 0.066 0.677412
2020-11-19 0.066 0.712171
2020-10-22 0.066 0.741900
2020-09-22 0.066 0.733858
2020-08-21 0.066 0.719651
2020-07-23 0.066 0.712662
2020-06-22 0.066 0.728725
2020-05-20 0.066 0.764326
2020-04-22 0.066 0.823949
2020-03-23 0.066 1.104008
2020-02-20 0.066 0.686630
2020-01-23 0.066 0.694410
2019-12-19 0.066 0.720651
2019-11-21 0.066 0.728653
2019-10-17 0.066 0.717266
2019-09-19 0.066 0.756327
2019-08-22 0.066 0.762762
2019-07-18 0.066 0.735708
2019-06-20 0.066 0.762184
2019-05-23 0.065 0.791553
2019-04-17 0.065 0.806546
2019-03-21 0.065 0.801917
2019-02-14 0.065 0.841932
2019-01-17 0.065 0.867076
2018-12-20 0.065 0.856299
2018-11-21 0.065 0.876200
2018-10-18 0.065 0.870897
2018-09-20 0.065 0.861517
2018-08-23 0.065 0.855105
2018-07-19 0.065 0.864894
2018-06-21 0.065 0.876956
2018-05-23 0.065 0.878001
2018-04-18 0.065 0.864047
2018-03-21 0.065 0.867745
2018-02-15 0.068 0.908172
2018-01-18 0.068 0.873779
2017-12-21 0.068 0.877537
2017-11-22 0.068 0.872269
2017-10-19 0.068 0.865839
2017-09-21 0.073 0.930707
2017-08-23 0.073 0.913267
2017-07-19 0.073 0.940447
2017-06-21 0.073 0.949468
2017-05-17 0.073 0.974898
2017-04-19 0.073 0.991863
2017-03-22 0.073 1.009337
2017-02-15 0.078 1.051838
2017-01-18 0.078 1.088177
2016-12-21 0.078 1.125179
2016-11-16 0.080 1.195306
2016-10-19 0.080 1.131621
2016-09-21 0.085 1.212365
2016-08-17 0.085 1.154966
2016-07-20 0.085 1.216593
2016-06-15 0.085 1.244733
2016-05-18 0.090 1.377627
2016-04-20 0.090 1.389570
2016-03-16 0.090 1.446227
2016-02-17 0.090 1.545032
2016-01-20 0.090 1.573463
2015-12-16 0.090 1.485775
2015-11-18 0.090 1.469238
2015-10-21 0.090 1.447201
2015-09-16 0.090 1.497385
2015-08-19 0.090 1.454186
2015-07-22 0.090 1.440755
2015-06-17 0.090 1.429860
2015-05-20 0.090 1.399443
2015-04-15 0.090 1.382276
2015-03-18 0.090 1.389213
2015-02-18 0.090 1.307055
2015-01-21 0.090 1.377848
2014-12-17 0.090 1.438307
2014-11-19 0.090 1.403802
2014-10-22 0.090 1.397912
2014-09-17 0.090 1.389273
2014-08-20 0.090 1.376036
2014-07-16 0.090 1.369585
2014-06-18 0.090 1.365025
2014-05-21 0.090 1.344456
2014-04-15 0.090 1.399962
2014-03-19 0.090 1.429774
2014-02-19 0.090 1.419094
2014-01-22 0.090 1.435551
2013-12-18 0.090 1.454229
2013-11-20 0.090 1.416546
2013-10-16 0.090 1.499639
2013-09-18 0.090 1.563811
2013-08-21 0.090 1.600774
2013-07-17 0.090 1.490539
2013-06-19 0.090 1.539600
2013-05-22 0.100 1.469596
2013-04-17 0.100 1.521105
2013-03-13 0.100 1.598312
2013-02-13 0.105 1.632343
2013-01-16 0.105 1.607123
2012-12-12 0.105 1.703042
2012-11-20 0.110 1.787124
2012-10-17 0.110 1.704557
2012-09-19 0.110 1.700510
2012-08-22 0.110 1.758875
2012-07-18 0.110 1.780427
2012-06-20 0.110 1.887898
2012-05-16 0.110 1.838164
2012-04-18 0.110 1.902001
2012-03-21 0.110 1.914229
2012-02-15 0.110 1.807587
2012-01-18 0.110 1.862266
2011-12-19 0.170 2.992091
2011-12-14 0.110 1.944344
2011-11-16 0.110 1.977945
2011-10-19 0.110 1.985387
2011-09-21 0.110 2.074831
2011-08-17 0.110 2.040955
2011-07-20 0.110 1.975004
2011-06-15 0.110 2.045881
2011-05-18 0.110 2.058915
2011-04-19 0.110 2.065132
2011-03-16 0.110 2.166913
2011-02-11 0.110 2.130020
2011-01-12 0.110 2.290649
2010-12-21 0.260 5.535875
2010-11-10 0.110 2.256369
2010-10-13 0.110 2.265246
2010-09-13 0.110 2.259316
2010-08-11 0.110 2.388533
2010-07-13 0.110 2.397867
2010-06-11 0.110 2.532314
2010-05-12 0.110 2.545137
2010-04-13 0.110 2.536348
2010-03-11 0.110 2.567108
2010-02-10 0.100 2.493986
2010-01-13 0.100 2.471923
2009-12-11 0.208 5.238074
2009-11-10 0.100 2.820788
2009-10-13 0.100 2.700910
2009-09-11 0.100 2.868546
2009-08-12 0.100 2.873408
2009-07-13 0.100 3.021910
2009-06-11 0.100 3.214368
2009-05-13 0.094 3.423212
2009-04-13 0.094 3.660921
2009-03-11 0.094 4.139698
2009-02-11 0.094 3.278104
2009-01-13 0.094 3.308625
2008-12-11 0.094 4.986603
2008-11-12 0.094 5.039124
2008-10-10 0.094 5.972322
2008-09-11 0.094 3.540274
2008-08-13 0.094 3.382754
2008-07-11 0.094 3.207081
2008-06-11 0.094 2.931226
2008-05-19 0.026 0.795624
2008-05-13 0.094 2.864822
2008-04-11 0.094 2.960684
2008-03-12 0.094 2.975171
2008-02-13 0.094 2.766474
2008-01-11 0.094 2.851713
2007-12-12 0.135 4.070515
2007-11-13 0.094 2.897680
2007-10-11 0.094 2.760355
2007-09-12 0.094 2.838728
2007-08-13 0.094 2.912873
2007-07-11 0.094 2.769260
2007-06-13 0.094 2.745949
2007-05-16 0.058 1.683640
2007-05-11 0.094 2.712250
2007-04-11 0.094 2.735993
2007-03-13 0.094 2.712009
2007-02-13 0.094 2.747738
2007-01-10 0.094 2.773532
2006-12-13 0.264 7.914919
2006-11-13 0.094 2.813826
2006-10-11 0.094 2.862408
2006-09-13 0.094 2.939467
2006-08-11 0.094 2.993844
2006-07-12 0.094 3.102430
2006-06-13 0.094 3.223909
2006-05-11 0.094 3.096886
2006-04-11 0.094 3.236493
2006-03-13 0.094 3.152674
2006-02-13 0.094 3.179629
2006-01-18 0.094 3.226759
2005-12-28 0.153 5.597523
2005-12-08 0.094 3.457823
2005-11-10 0.094 3.471701
2005-10-13 0.094 3.307199
2005-09-13 0.094 3.160451
2005-08-11 0.094 3.237035
2005-07-13 0.094 3.183228
2005-06-13 0.094 3.292809
2005-05-11 0.094 3.421159
2005-04-13 0.094 3.503650
2005-03-11 0.094 3.318792
2005-02-11 0.106 3.531671
2004-12-31 0.106 3.546064
2004-12-09 0.106 3.616328
2004-11-10 0.106 3.736510
2004-10-13 0.106 3.791469
2004-09-15 0.106 3.942967
2004-08-12 0.106 4.083142
2004-07-14 0.106 4.164210
2004-06-14 0.106 4.309225
2004-05-13 0.106 4.401961
2004-04-13 0.106 4.005179
2004-03-11 0.106 3.993482
2004-02-12 0.106 3.964486
2003-12-26 0.318 11.936147
2003-12-05 0.106 4.184225
2003-11-10 0.318 12.598777
2003-10-16 0.106 4.342575
2003-09-15 0.106 4.520580
2003-08-14 0.106 4.513457
2003-07-16 0.106 4.414382
2003-06-13 0.106 4.314020
2003-05-14 0.106 4.505566
2003-04-14 0.106 4.592460
2003-03-14 0.106 4.588177
2003-02-12 0.107 4.670686
2002-12-27 0.348 16.054189
2002-12-06 0.106 5.102079
2002-11-12 0.106 5.292209
2002-10-16 0.106 5.377586
2002-09-13 0.106 5.236875
2002-08-15 0.106 5.158610
2002-06-13 0.106 4.879617
2002-05-16 0.106 4.956065
Additional Data
dividendRate 0.84
dividendYield 7.77
exDividendDate 2026-04-23
trailingAnnualDividendRate 0.84
trailingAnnualDividendYield 0.07734807
lastDividendValue 0.07
lastDividendDate 2026-03-24

Info Dump

Attribute Value
52 Week Change -0.003686607
Address1 385 East Colorado Boulevard
All Time High 17.0
All Time Low 5.52
Ask 11.88
Ask Size 400
Average Daily Volume10 Day 32,850
Average Daily Volume3 Month 34,946
Average Volume 34,946
Average Volume10Days 32,850
Beta 0.528
Bid 9.77
Bid Size 2,900
Book Value 11.489
City Pasadena
Compensation As Of Epoch Date 1,388,448,000
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.81
Current Ratio 0.404
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 11.0354
Day Low 10.765
Debt To Equity 47.86
Dividend Rate 0.84
Dividend Yield 7.77
Earnings Growth 0.4
Earnings Quarterly Growth 0.4
Earnings Timestamp End 1,621,853,940
Earnings Timestamp Start 1,621,853,940
Ebitda Margins 0.0
Enterprise To Revenue 14.023
Enterprise Value 193,439,056
Eps Trailing Twelve Months 1.17
Esg Populated 0
Ex Dividend Date 1,776,902,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 626 844 9450
Fifty Day Average 10.8316
Fifty Day Average Change -0.02159977
Fifty Day Average Change Percent -0.001994144
Fifty Two Week Change Percent -0.3686607
Fifty Two Week High 11.44
Fifty Two Week High Change -0.62999916
Fifty Two Week High Change Percent -0.05506986
Fifty Two Week Low 10.3
Fifty Two Week Low Change 0.5100002
Fifty Two Week Low Change Percent 0.049514584
Fifty Two Week Range 10.3 - 11.44
Financial Currency USD
First Trade Date Milliseconds 1,017,239,400,000
Five Year Avg Dividend Yield 7.21
Free Cashflow 3,236,029
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 13,794,280
Has Pre Post Market Data 1
Held Percent Insiders 0.00101
Held Percent Institutions 0.63373
Implied Shares Outstanding 11,865,600
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,774,310,400
Last Dividend Value 0.07
Last Fiscal Year End 1,767,139,200
Long Business Summary Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.
Long Name Western Asset Premier Bond Fund
Market us_market
Market Cap 128,267,144
Market State CLOSED
Max Age 86,400
Message Board Id finmb_3604160
Most Recent Quarter 1,767,139,200
Net Income To Common 13,842,456
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 128,267,136
Open 10.88
Operating Cashflow 10,637,888
Operating Margins 0.89567
Payout Ratio 0.71790004
Phone 626 844 9400
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 10.81
Post Market Time 1,776,464,161
Previous Close 10.86
Price Hint 2
Price To Book 0.9409
Price To Sales Trailing12 Months 9.298574
Profit Margins 1.00349
Quick Ratio 0.404
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0499992
Regular Market Change Percent -0.460398
Regular Market Day High 11.0354
Regular Market Day Low 10.765
Regular Market Day Range 10.765 - 11.0354
Regular Market Open 10.88
Regular Market Previous Close 10.86
Regular Market Price 10.81
Regular Market Time 1,776,456,002
Regular Market Volume 184,465
Return On Assets 0.03829
Return On Equity 0.10301
Revenue Growth 0.02
Revenue Per Share 1.163
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 11,865,600
Shares Percent Shares Out 0.0008
Shares Short 19,087
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 3,378
Short Name Western Asset Bond Fund Share o
Short Ratio 0.44
Source Interval 15
State CA
Symbol WEA
Total Cash 71,864
Total Cash Per Share 0.006
Total Debt 65,243,784
Total Revenue 13,794,280
Tradeable 0
Trailing Annual Dividend Rate 0.84
Trailing Annual Dividend Yield 0.07734807
Trailing Eps 1.17
Trailing P E 9.239317
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.0011
Two Hundred Day Average Change -0.19109917
Two Hundred Day Average Change Percent -0.017370915
Type Disp Equity
Volume 184,465
Website https://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=WEA
Zip 91,101-1923